NETGEAR, Inc. (NASDAQ:NTGR – Free Report) – Equities researchers at Zacks Research cut their Q1 2025 earnings estimates for shares of NETGEAR in a research note issued to investors on Tuesday, February 25th. Zacks Research analyst V. Doshi now anticipates that the communications equipment provider will post earnings per share of ($0.51) for the quarter, down from their prior estimate of ($0.48). The consensus estimate for NETGEAR’s current full-year earnings is ($1.84) per share. Zacks Research also issued estimates for NETGEAR’s Q2 2025 earnings at ($0.44) EPS, Q3 2025 earnings at ($0.35) EPS, Q4 2025 earnings at ($0.22) EPS, FY2025 earnings at ($1.53) EPS, Q1 2026 earnings at ($0.31) EPS, Q2 2026 earnings at ($0.28) EPS, Q3 2026 earnings at ($0.27) EPS, Q4 2026 earnings at ($0.11) EPS and FY2026 earnings at ($0.98) EPS.
Other analysts have also issued reports about the stock. StockNews.com upgraded shares of NETGEAR from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Raymond James boosted their price target on shares of NETGEAR from $22.00 to $29.00 and gave the stock an “outperform” rating in a report on Thursday, February 6th.
NETGEAR Trading Down 1.3 %
NASDAQ:NTGR opened at $25.92 on Friday. The company’s 50-day moving average price is $27.57 and its 200-day moving average price is $23.22. The company has a market cap of $748.28 million, a P/E ratio of 64.80 and a beta of 0.83. NETGEAR has a twelve month low of $10.48 and a twelve month high of $31.55.
NETGEAR (NASDAQ:NTGR – Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The communications equipment provider reported ($0.24) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.24). NETGEAR had a net margin of 1.83% and a negative return on equity of 9.24%.
Insider Buying and Selling
In related news, CEO Charles J. Prober sold 10,929 shares of the business’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $26.64, for a total value of $291,148.56. Following the completion of the transaction, the chief executive officer now owns 507,763 shares of the company’s stock, valued at approximately $13,526,806.32. The trade was a 2.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Thomas H. Waechter sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $30.42, for a total value of $60,840.00. Following the completion of the sale, the director now directly owns 61,135 shares in the company, valued at approximately $1,859,726.70. The trade was a 3.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.00% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On NETGEAR
A number of institutional investors have recently added to or reduced their stakes in NTGR. Quarry LP lifted its stake in shares of NETGEAR by 66.5% in the 3rd quarter. Quarry LP now owns 1,856 shares of the communications equipment provider’s stock valued at $37,000 after purchasing an additional 741 shares in the last quarter. New York State Teachers Retirement System purchased a new position in NETGEAR in the fourth quarter valued at about $72,000. R Squared Ltd acquired a new position in NETGEAR during the 4th quarter worth approximately $72,000. Summit Investment Advisors Inc. boosted its stake in shares of NETGEAR by 19.6% in the fourth quarter. Summit Investment Advisors Inc. now owns 2,917 shares of the communications equipment provider’s stock valued at $81,000 after purchasing an additional 479 shares during the period. Finally, Picton Mahoney Asset Management acquired a new stake in shares of NETGEAR during the fourth quarter valued at about $92,000. Hedge funds and other institutional investors own 82.97% of the company’s stock.
NETGEAR Company Profile
NETGEAR, Inc provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and NETGEAR for Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, digital displays, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, and Wi-Fi network adapters; and provides value-added service offerings, including security and privacy, technical support, and parental controls.
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